NU Online News Service, Nov. 30, 11:00 a.m. EST

American International Group and its former chief executive Maurice R. "Hank" Greenberg have agreed to settle all outstanding disagreements between the two, ending a bitter battle that ensued after Mr. Greenberg was forced out of the company in 2005 in an accounting scandal.

In a statement released Wednesday after the close of trading, New York-based insurer AIG, Mr. Greenberg and former Chief Financial Officer Howard I. Smith mutually agreed to settle all disputes between them and their business entities, including Starr International Company and C.V. Starr & Company.

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